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New Projects and Expansions news
29 May 2026
Petrobras to invest over R$70 billion in Sergipe
R$70B in Sergipe funds SEAP deep-water (P-81/P-87 FPSOs: 240k bpd, gas processing), 32 wells, 134 km pipeline; R$12.5B decommission 26 shallow platforms; fertilizer restarted (1.8k t/d)
29 May 2026
EU Innovation Fund Net‑Zero Call: 358 applications, €17.5bn requested (6× budget)
Applicants across 27 countries submitted large/medium/small projects, pilots and cleantech manufacturing for energy‑intensive, carbon management, renewables and storage; results Oct 2026
29 May 2026
Eni and Seri Industrial to develop LFP stationary battery supply chain
Agreement to build integrated LFP battery platform: cell/module plants, BESS assembly, recycling and cathode production. 2nd gigafactory >8 GWh by 2029; BESS line ready H1 2027. 30% stake for €55m.
28 May 2026
SkyNRG and KLM start construction of Netherlands' first dedicated SAF plant
Construction begins on DSL-01. First commercial-scale SAF plant to secure non‑recourse financing; aims for ~100,000 t/yr by 2028 via HEFA from low‑quality feedstocks, >100 jobs and €16M JTF support.
28 May 2026
TotalEnergies Files Authorization for 1.5 GW Centre Manche Energies Offshore Wind
Operator submitted Single Authorization for Normandy offshore wind farm; expects ~6 TWh/yr, >1M homes, €4.5bn investment, 2,500 construction jobs, ongoing stakeholder consultations
28 May 2026
ORLEN Group Q1 2026: solid results and lowest fuel prices in the EU
Q1 results: LIFO EBITDA PLN14.1bn, revenue PLN75.8bn, net profit PLN8.1bn; operating cash flow PLN8.5bn; record PLN9.3bn dividend; PLN5.4bn capex on energy security and low-carbon projects
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28 May 2026
Johnson Matthey preliminary results year ended 31 March 2026
Strategy driving cash: free cash flow £168m (+163%); pro forma underlying operating profit +6% at constant PGM/FX. Catalyst sale £1,325m on track; Cormetech buy agreed; new PGM refinery 2027.
28 May 2026
UPM and Sappi sign definitive agreement on graphic paper JV
Definitive deal to form 50/50 graphic paper JV combining two European businesses; €600m debt + €100m RCF secured; combined EV €1,420m; ~€100m annual synergies; regulatory approvals pending
28 May 2026
Lhyfe & STRABAG partner on green hydrogen in Germany
Co-development deal to accelerate green hydrogen projects in Germany amid RED III-driven RFNBO demand, combining electrolysis production, construction, financing and transport; possible EU expansion.
27 May 2026
Toray and PTT Global Chemical establish 100% bio-based nylon 66 production
Cassava pulp was converted to bio-muconic, then bio-adipic acid and 100% bio-based nylon 66. Pilot saccharification, fermentation, refinement and lab polymerization.
27 May 2026
Trinseo launches recyclable thermoplastic PC UD tape battery top cover
Thin-wall, flame-retardant thermoplastic composite reduces weight, improves safety and recyclability for EV battery casings; debuted at CIBF 2026 and will appear at Battery Show Europe
27 May 2026
Iberdrola opens Spain’s largest battery (58 MW / 120 MWh) at Campo Arañuelo
Two LFP battery systems paired with adjacent solar plants store renewable energy for peak demand, enhancing grid stability and supporting electrification and renewables integration.
27 May 2026
WuXi Biologics secures GMP release for 18th drug product facility
DP15 at Fengxian is operational, completed GMP batches to supply clinical programs. Features isolator aseptic filling for liquid and lyophilized vials (2R-20R), enabling faster tech transfer.
27 May 2026
Petrobras to invest R$2.8bn in Amazonas for Urucu gas expansion and Transpetro fleet
R$2.8bn to expand Urucu gas (R$2.5bn for new wells, ~40 km lines) and add 18 barges + 18 pushers to insource bunker logistics, create jobs and boost regional energy supply
27 May 2026
ORLEN opens 300,000‑tonne HVO plant using domestic feedstocks
HVO plant cuts transport GHGs ≥65%, raises national biofuel capacity to ~700kt (target 1.1Mt by 2030), reduces imports, strengthens domestic feedstock supply and farming partnerships.
27 May 2026
Sumitomo Corporation and Gresham House to develop 694 MW UK BESS portfolio
JV will fund five utility-scale BESS projects with phased buildout (first three starting this fiscal year), expanding capacity and improving grid resilience.
27 May 2026
Worley Rosenberg wins Subsea7 contract to fabricate Equinor Fram Sør subsea structures
Will fabricate 34 subsea structures (PLEMs/PLETs/PLRs); steel cutting in June; delivery H1 2027. Project ties back to existing infrastructure and Troll C; peak >80 staff.
27 May 2026
Vattenfall installs SSAB low‑emission steel at Juliusburg/Krukow solar park
At Juliusburg/Krukow 80 MWp solar park, low-emission steel made from nearly 100% scrap cuts substructure CO₂ by 67% (460→153 t), reducing construction supply‑chain emissions.
27 May 2026
Sinopec Shengli Jiyang shale oil zone surpasses 2 million tons, advances low‑maturity development
59 wells >100 t/day (max 263); output rising to 700,000 t in 2025; drilling cut 133→17 days for 6,000m wells; proven reserves 327M t, resources 1.05B t; target 3M t/yr.
27 May 2026
Clariant FAMAX catalysts boost performance at two Yihua formaldehyde plants in China
Two world-scale plants (100 & 120 kt/a) started, cutting energy use, boosting productivity and yields, lowering pressure drop by 10-15%, extending catalyst life; VOC off-gas control ≈99% conversion
27 May 2026
Woosh, Borouge & BlueAlp close diaper-plastic loop with ISCC‑certified pyrolysis oil
Used diaper plastics collected, mechanically separated and chemically recycled into ISCC‑certified pyrolysis oil for new polymer production, demonstrating industrial-scale circularity in Europe
27 May 2026
Asahi Kasei Life Science licenses Noguchi Institute’s precision ADC technology
Novel ADC modality enables precise DAR and attachment-site control for single- and dual-payload ADCs, improving predictability of efficacy/safety; will be commercialized and co-developed.
26 May 2026
Avantium and Heynen prototype releaf PEF cushion for bedding and upholstery
Prototype cushion uses plant-based PEF (releaf) to trial automated foam encapsulation in bedding/upholstery, assessing performance and sustainability; shown at Interzum Forum Italy, 4-5 June 2026
26 May 2026
Evonik partners with University of Guanajuato on sustainable, lower-toxicity mining chemicals
Academic-industry collaboration to develop biosurfactant-based, lower-toxicity chemicals for mining, accelerating market rollout while reducing environmental impact.
26 May 2026
PureCycle Granted Thailand FastPass for Rayong Polypropylene Recycling Facility
Certificate valid May 6, 2026 - Dec 31, 2028; accelerates approvals and permits; requires ≥20% of stated investment within six months; at IRPC eco-industrial zone; supports 1B-lb recycling by 2030.
26 May 2026
Repsol opens 200,000 t/year renewable diesel plant in Puertollano
€130M plant converts waste oils into renewable diesel for road, truck and ship use, avoiding ~700,000 tCO2/yr lifecycle; uses renewable H2 (€16M), enables SAF, jobs and circularity.
26 May 2026
AkzoNobel supplies coatings for Songyuan green energy park
Songyuan phase-2 park runs on 100% renewables, targeting 45,000 t/yr green H2 and 200,000 t/yr green ammonia/methanol; protective systems reduce VOCs and guard assets from corrosion, CUI and heat.
26 May 2026
Lilly acquires three companies to expand infectious disease portfolio
Adds a better-tolerated shingles vaccine, bacterial-toxin vaccine platform for S. aureus, N. gonorrhoeae and C. trachomatis, and nanoparticle EBV vaccine tech; deals include milestone payments.
26 May 2026
X-Press Feeders completes Rotterdam’s first ethanol bunkering
Eco Levant received separate ISCC-certified loads: 90% biomethanol and 10% second-gen ethanol. Delivered by one inland bunker vessel, blended onboard. Shows fuel flexibility and CO2-reduction potential.
26 May 2026
LKAB granted permit for Luleå critical‑minerals industrial park
Plan enables extraction of phosphorus and all 17 rare earths from iron‑ore residues; demo plant nearing operation; supports EU supply security, regional jobs; full investment pending tests.
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